US stocks had a mixed day on Tuesday, with Nvidia leading the Nasdaq to a 1.3 percent increase while the Dow Jones Industrial Average finished down 0.8 percent. The S&P 500 closed up 0.4 percent. Investors also considered consumer confidence data, showing a slight decline in optimism about the US economy. On Friday, the Federal … Read more
US stocks closed mixed on Tuesday, with the Dow Jones Industrial Average falling by 0.8 percent and the S&P 500 rising by 0.4 percent. The Nasdaq saw a significant boost of 1.3 percent thanks to Nvidia’s reversal of a recent decline, closing the day almost seven percent higher. Investors also took note of consumer confidence … Read more
Intel investors are a diverse group with varying opinions on the company’s direction, but recent developments have led to a slight increase in Intel’s stock price. Stoutbridge Investments filed a lawsuit against Intel, accusing the company of making false and misleading statements about its foundry operations. Despite this legal action, Intel’s foundry business continues to … Read more
The stock market saw mixed results today, with some sectors benefiting from a rebound in Nvidia stock. Tech stocks received a boost from Nvidia’s performance, contributing to the overall market mix. Investors closely monitored market activities to assess the impact on their portfolios. Economic indicators and company performances influenced the market’s direction throughout the day. … Read more
Global stocks were mixed on Tuesday following a drop by Wall Street’s NVIDIA. The Dow Jones Industrial Average future remained flat, while S&P 500 futures saw a slight decrease. European markets opened lower, with France’s CAC 40 and Germany’s DAX experiencing losses. Japan’s Nikkei 225 rose after Bank of Japan data showed a slowdown in … Read more
Stock futures were trading mixed on Tuesday as investors focused on the latest inflation data while semiconductor company Nvidia saw a decline in its shares. Investors are closely watching inflation data as concerns about rising prices continue to weigh on the market. The latest report could provide insight into the Federal Reserve’s next steps in … Read more
Intel has experienced a significant drop in its share price over the past three months, down by 26%. To investigate the causes behind this decline, a study of Intel’s financial performance was conducted, with a focus on the company’s return on equity (ROE). ROE is a metric used to assess how effectively a company generates … Read more
Stocks on Wall Street pulled back from record highs on Thursday due to a mixed set of reports on the economy. The S&P 500 was down 0.4% after setting a record high before the holiday. The Dow Jones rose 0.3%, while the Nasdaq fell 0.9%. Nvidia, a leading AI chipmaker, saw a decline after recently … Read more
Microsoft is cutting jobs in its mixed reality and Azure teams for operators and mission engineering, impacting employees including members of the HoloLens 2 team. Despite the layoffs, Microsoft plans to continue selling the HoloLens headset. The company remains committed to the Department of Defense’s IVAS program and the broader ecosystem of Mixed Reality hardware. … Read more
Microsoft has initiated layoffs in its Azure cloud division, impacting hundreds of employees in various teams such as Azure for Operators, Mission Engineering, and the mixed reality division. There have been reports of up to 1,500 job cuts in the Azure for Operators team, although this number has not been officially confirmed. The Mission Engineering … Read more